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Labour’s proposals to put a limit on rents would cut the supply of homes to let, says David Prosser

Could Ed Miliband’s proposals for rent caps and more regulation of landlords spell doom for the booming buy-to-let property market? At first sight, Labour’s plans to limit the returns buy-to-let investors can earn by restricting their ability to increase rents, and to force landlords to agree longer-term contracts with tenants, look like a serious problem for the sector. And while the proposals would become a reality only if Labour wins next year’s election, even the possibility of this regulation could depress the buy-to-let industry.

There is certainly no shortage of critics of the policy. “Caps and tight regulation will only

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This semi-detached house in Hamilton Terrace, St John’s Wood, London, can be rented for £8,500 a week through Aston Chase (astonchase.com)

2014-05-09 00:01:00.0

This semi-detached house in Hamilton Terrace, St John’s Wood, London, can be rented for £8,500 a week through Aston Chase (astonchase.com)

2014-05-09 00:01:00.0

Catherine Zeta-Jones and her husband, Michael Douglas, rent out their house in Bermuda for $28,000 a month